Three Oaks, Michigan (49128) is a small town located in southwestern Michigan. It has an estimated population of 1,012 people according to the U.S. Census Bureau. The average 2-bedroom rent in Three Oaks is $1,050 which is approximately 27% lower than the US national average of $1,430. Groceries are also relatively inexpensive in Three Oaks as its Grocery Cost Index stands at 93 compared to 100 across the country.
Despite being a small community with limited economic opportunities, Three Oaks offers residents a variety of businesses catering to everyday needs such as groceries and other retail outlets. Some of the major local companies include Osceola Outlet Mall, Edward Jones Investments, and Shoreline Products Inc., which makes custom kitchen cabinets. Additionally, there are several restaurants and bars serving tasty food and drinks for visitors alike such as The Round Barn Winery & Public House and Redamak鈥檚 Restaurant & Bar that offer delicious food experiences for locals and tourists alike.
Overall, Three Oaks offers an excellent quality of life due to its affordability when it comes to housing costs and groceries while providing some entertainment options too. When calculating the cost of living in Three Oaks versus other cities around the country using LocalPulse's 黑料社区 Calculator tool, residents can expect an overall decrease in their cost of living by 12% when moving from the US national average city to Three Oaks.
Three Oaks (zip 49128) has an unemployment rate of 5.8%. The US average is 6.0%.
Three Oaks (zip 49128) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Three Oaks (zip 49128)
- The Sales Tax Rate for Three Oaks (zip 49128) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Three Oaks (zip 49128) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Three Oaks (zip 49128)
- The average income of a Three Oaks (zip 49128) resident is $38,360 a year. The US average is $37,638 a year.
- The Median household income of a Three Oaks (zip 49128) resident is $63,255 a year. The US average is $69,021 a year.